$JetBlue Airways (JBLU.US)$ JetBlue Airways Corp is reducing its schedule through Jan. 13 by about 1,280 flights due to a surge in crew members falling sick from the Omicron coronavirus variant, a spokesperson for the airline told Reuters on Thursday.
Carriers have been canceling hundreds of flights every day in the United States since Christmas Eve as they grapple with staff shortages due to COVID-19 infections and bad weather i...

$DiDi Global (Delisted) (DIDI.US)$ Didi Global Inc. disclosed a $4.7 billion loss after revenues shrank in the September quarter, revealing the rising cost of a series of regulatory actions that will force China’s ride-sharing leader to shift its listing to Hong Kong next year.
Didi, one of the highest-profile targets of a broad Beijing campaign to rein in the country's giant tech sector, reported $6.6 billion of sales, down more than 13% from the June ...

$Micron Technology (MU.US)$ Micron Technology Inc. said its output of some computer memory will be hit by the closing of the Chinese city of Xi'an aimed at limiting a fresh outbreak of the Covid-19 virus.
The U.S. company uses a test and assembly facility located in Xi'an. The chipmaker said it will be able to meet most of its customer demand, but new supply arrangements may cause delays.
“We are also working with local government officials ...

$Alibaba (BABA.US)$ Alibaba Group Holding Ltd. is in talks with a state-owned conglomerate about a potential deal involving its stake in Weibo Corp., as Beijing moves to curb the influence of China's tech giants in the sensitive media sphere.
China's e-commerce leader is exploring options for its roughly 30% slice of the Twitter-like social media service, according to people familiar with the matter. The discussions between the techno...

$SENSETIME-W (00020.HK)$ SenseTime Group shares surged as much as 23% from their IPO price on Thursday, adding billions of dollars to the artificial intelligence start-up's market value as it debuted in Hong Kong in the city's final major float for the year.
Some analysts had expected the shares to struggle due to weak demand during the IPO process and worries about SenseTime's inclusion on a U.S. investment blacklist that...

$Bitcoin (BTC.CC)$ Bitcoin is continuing its December retreat and testing a key technical level that over the past two years has tended to act as a floor for the world's largest cryptocurrency.
The digital asset fell as much as 2.7% in Asia on Thursday and was trading at about $46,700 as of 2:15 p.m. in Singapore. It's down some 18% this month amid a broader retreat in the crypto sector.
Bitcoin's drop has taken the token to its 55...

$S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ US inflation is at a 40-year high. The PCE price index rose 5.7% in November from a year earlier, well above the Fed's 2% target. Inflationary pressures are hard to ignore and mean you have more money but can't buy more things with it.
Personal wages and salaries rose 0.5% in November, but after accounting for factors such as inflation, total personal compensation fell 0.2% in November.

$Tesla (TSLA.US)$ SpaceX, the rocket company owned by billionaire Elon Musk, disclosed in a regulatory filing on Wednesday that it had raised $337.4 million in equity financing, but did not disclose an updated valuation of the company.
SpaceX was reportedly valued at $100 billion after a secondary offering in October, making it a giant unicorn. The company also raised about $1.16 billion in equity financing in April. SpceX's investors include $Alphabet-A (GOOGL.US)$, the parent company of $Alphabet-C (GOOG.US)$, and Fide...

Cathie Wood's Ark Investments further trimmed its $Tesla (TSLA.US)$ holdings Tuesday, selling 20,446 shares worth about $22.2 million.
Ark's ETF has underperformed this year. Cathie Wood had predicted a 20% gain for her flagship fund in 2021, but that didn't happen. The Ark Innovation ETF (ARKK), is down more than 20% this year and is on track for its worst performance since its launch in 2014.

$Micron Technology (MU.US)$ As the investment and production center of high-tech enterprises, Xi 'an has gathered a large number of technology companies including chip enterprises. Since Xi 'an announced its quarantine measures, global semiconductor giant Micron issued a statement on December 29 in response to the impact of the Xi 'an lockdown on chip production and delivery.
Reduced labor density at Micron's Xi 'an facility due to the lockdown has had some impact on production levels in the assemb...